Thursday, January 10, 2013

2013 State of the State

Governor Andrew Cuomo’s third and rather lengthy “State of the State” address in Albany, NY. The speech was limited on the topic of energy.


The governor announced the appointment of a “Clean Energy Czar” to figure out financing of certain renewable technologies. Richard L. Kauffman, former senior advisor to U.S. Energy Secretary Steven Chu, will serve as chair of the newly formed Energy Policy and Finance Sub-Cabinet. He will lead the effort to develop policy and financing strategies to advance the following goals:
  • NY Green Bank: The $1 billion Green Bank will leverage public dollars with a private sector match to spur the clean economy.
  • Extend NY-Sun Solar Jobs: The program will be expanded at $150 million annually for 10 years to increase solar panel installations for homes and businesses.
  • Charge NY Program: The Charge NY Program will invest in an electric car network to reduce reliance on fossil fuels by installing a statewide network of charging stations and providing charging infrastructure tax credits.
The governor also called for a “fundamental redesign” of New York’s power system including expanding the regulatory authority of the Public Service Commission and abolishing the Long Island Power Authority. He also continued his charge for clean energy development in New York, proposing a mandate to lower the regional greenhouse gas cap and announcing his commitment to “ensure a skilled energy workforce.” (2013 State of the State)

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